16 Fairview Ave Summit, NJ 07901
Estimated Value: $1,223,000 - $1,388,000
Studio
--
Bath
1,536
Sq Ft
$852/Sq Ft
Est. Value
About This Home
This home is located at 16 Fairview Ave, Summit, NJ 07901 and is currently estimated at $1,309,234, approximately $852 per square foot. 16 Fairview Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Oak Knoll School of the Holy Child.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 22, 2010
Sold by
Myler Lauren
Bought by
Hong Henry M and Hong Mihui
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,852
Outstanding Balance
$438,328
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$870,906
Purchase Details
Closed on
Mar 11, 2008
Sold by
Myler Gerald and Myler Lauren
Bought by
Myler Lauren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 8, 2001
Sold by
Newman John Kevin and Newman Catharine
Bought by
Myler Gerald and Myler Lauren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.14%
Purchase Details
Closed on
Jan 23, 1995
Sold by
Tweardy Robert G and Tweardy Elizabeth J
Bought by
Newman John Kevin
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hong Henry M | $695,000 | Chicago Title Insurance Co | |
| Myler Lauren | $21,701 | None Available | |
| Myler Gerald | $450,000 | -- | |
| Newman John Kevin | $268,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hong Henry M | $666,852 | |
| Previous Owner | Myler Lauren | $75,750 | |
| Previous Owner | Myler Lauren | $350,000 | |
| Previous Owner | Myler Gerald | $270,000 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,993 | $344,200 | $154,100 | $190,100 |
| 2024 | $14,894 | $344,200 | $154,100 | $190,100 |
| 2023 | $14,894 | $344,200 | $154,100 | $190,100 |
| 2022 | $14,742 | $344,200 | $154,100 | $190,100 |
| 2021 | $11,656 | $270,000 | $154,100 | $115,900 |
| 2020 | $11,772 | $270,000 | $154,100 | $115,900 |
| 2019 | $11,786 | $270,000 | $154,100 | $115,900 |
| 2018 | $11,710 | $270,000 | $154,100 | $115,900 |
| 2017 | $11,786 | $270,000 | $154,100 | $115,900 |
| 2016 | $11,613 | $270,000 | $154,100 | $115,900 |
| 2015 | $11,386 | $270,000 | $154,100 | $115,900 |
| 2014 | $11,092 | $270,000 | $154,100 | $115,900 |
Source: Public Records
Map
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